Rajasthan Securities Q1 FY27 Results (BSE: 526873)
Signal: Slipped to loss
The read
The key trajectory signal is weak core economics: Q1FY27 EBITDA was -₹4.37 Cr and EBITDA margin was -87.1% on ₹5.02 Cr revenue, while ₹4.72 Cr of other income was insufficient to prevent a PAT loss of -₹4.87 Cr; the absence of comparatives prevents confirmation of an inflection.
| Metric | Value | YoY | QoQ |
|---|---|---|---|
| Revenue | ₹5.02 Cr | N/A | N/A |
| EBIT | ₹-4.43 Cr | N/A | |
| Net profit | ₹-4.87 Cr | N/A | |
| EPS | ₹-0.63 | N/A | |
| EBIT margin | -87.1% |
P&L walk
Standalone revenue was ₹5.02 Cr, while EBITDA was -₹4.37 Cr and EBIT was -₹4.43 Cr; PAT was -₹4.87 Cr even after ₹4.72 Cr of other income, indicating that core operations remained loss-making in the only disclosed period.
Key positives
- The company reported no loan or debt-security default as of June 30, 2026.
- The statutory auditor issued an unmodified limited review opinion for the quarter ended June 30, 2026.
Key concerns
- Core operations were loss-making, with EBITDA of -₹4.37 Cr and EBITDA margin of -87.1% on ₹5.02 Cr revenue.
- Other income of ₹4.72 Cr did not offset the operating loss, leaving PAT at -₹4.87 Cr and EPS at -₹0.63.
- The filing provides no year-ago or sequential comparative figures, limiting assessment of the earnings trajectory.
Research and educational content only. Not investment advice.